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15 September 2016 | 1 reply
Our goal is to have 3 homes under construction at least 3 weeks prior to the first snow fall. 2017 10 homes and a good cash buyer list for wholesales.
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26 April 2016 | 12 replies
@Jay Dewberry Expenses include water/sewer, heat, electric, repairs (lower the first year given 50K rehab), taxes, prop management, insurance, reserve, LLC, gardening/snow, even a little for advertising if needed. total =1,300/monthfinancing would be about 90K. 4.6% commercial for 25 years.
27 September 2016 | 2 replies
We find that a student rooming house runs smoothly if you have a resident Den Mother to ensure decorum and responsible behaviour {search here in the forums for discussion of why this is so}.Location is critical: Being within walking distance to campus (particularly here where our winters are cold and long) is a big factor when adding student rentals to your portfolio.Bundle everything: Lawn care, snow removal, {even} cleaning service, Internet, utilities, etc.
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3 November 2015 | 10 replies
@Mindy JensenI know we are a small - soon to be snow-stricken - component of BP, but how would I search/filter the Marketplace for properties in Canada?
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17 January 2013 | 15 replies
I like thta the grass is being cut, the snow shoveled and the exterior looks in great shape.
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26 January 2013 | 2 replies
I'd appreciate insight on this deal:Purchase price: 209k max with 25% downGross yearly rents: 27,600 (conservative--can rise after rehab)Vacancy rate: 5%Prop taxes: 2034Insurance: 1200Maintenance/repairs: 1950Utilities: 1500 (gas/electric for laundry & common hallway, laundry & exterior water) Units separately metered for electric, will be sub-metered for water after purchaseLawn/snow: 900I'm showing gross cash flow profit of $6792/year.
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24 February 2018 | 272 replies
I had a recent case where the inspector cited our property for cracks in the driveway.Me to Inspector: "no problem, can we wait until spring to fill the cracks" Inspector to me: "Sure, but you can not rent it out until the cracks are filled"We were talking 1/8" cracks, that only took a couple of hours of work... but it could not be done with an inch of snow on the ground.As a licensed property manger, I work with these folks every day.
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1 October 2016 | 6 replies
I was skeptical at first, but it works out to $25 per month for snow removal and trash removal, which isn't bad for those costs.
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14 October 2017 | 7 replies
Warm as in no hint of winter or snow?
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14 December 2016 | 10 replies
Whose responsibility is snow shoveling?